Sberbank Europe AG is a banking group 100%-owned by Sberbank Russia, the largest Russian banking group. In 2012 Sberbank Russia acquired international banking division of Volksbank (Austria) and rebranded it to Sberbank Europe. Sberbank Europe operates as a universal bank, focusing on retail and corporate banking products and services. Sberbank (Switzerland) AG operates as a subsidiary of Sberbank Europe AG.
Sberbank (Switzerland) AG is the 88th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 2 258,34 mln CHF, providing the bank with the market share of 0.07%. Sberbank (Switzerland) AG is the 23rd largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 1.01% amongst the banks of this category. In 2018 the bank's annual profit was 4,90 mln CHF. Sberbank (Switzerland) AG had 107 employees in 2018.
Sberbank (Switzerland) AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).
Sberbank (Switzerland) AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Sberbank (Switzerland) AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Sberbank (Switzerland) AG is headquartered in Zürich.